Wheaton College Alumni Magazine Spring 2014 | Page 23

Liz Ormesher Salcedo ’07 was a social worker with a problem— her smartphone kept dying. So she and her husband, Dan Salcedo ’08, came up with a solution— Everpurse, a purse that doubles as a smartphone charger. They launched their company in August 2011, and began shipping purses in July 2013. On Katie Couric’s talk show last September, Liz presented Everpurse to the cast of Shark Tank, a reality show that gives entrepreneurs the opportunity to sell investors on their product or service. Thanks in part to this national exposure, Everpurse sold out of product over the Christmas holiday. Now with seven employees, the pair is dreaming up more solutions to make life easier by adding a “smart” component to popular brands of fashion accessories. Liz and Dan represent just two of a number of students and young alumni who are in the process of building their own businesses. In fact, entrepreneurial activity is on the rise at Wheaton, fueled in part by a campus-wide contest with a $2,000 prize and the added bonus of business mentoring advice from a local businessman, Tim Johnson ’97. Hosted by Student Government, this contest—Wheaton’s first “Shark Tank” competition—took place in December. Six student groups presented their business model to a panel of judges. “Shark Tank was a huge success,” says Cannon Allen ’15, president of Wheaton’s investment club. “There is a growing population at Wheaton that really wants to find new opportunities to create.” One of the judges, Dr. Annette Tomal, associate professor of business and economics, came away